*MICROSTRATEGY IS NOW STRATEGY: BBG

SCOOP: @BlackRock to cut 3% of workforce as firm expects @SECGov approval for BTC ETF on Weds — foxbusiness.com/economy/blac…

Matrixport's analysts operate independently, expressing their opinions without any influence or interference from management. They are employed for their superior analytical skills compared to mine and other management team. I have only briefly glanced at the title of the report, as have many of you. Markus, a talented analyst, authored "Crypto Titans" last year, detailing the price history of cryptocurrencies. His book vividly recounts events, sometimes more clearly than my own memories, even in instances where I incurred financial losses. At the outset of 2023, Matrixport was among the few who accurately predicted Bitcoin's low point and maintained an extremely bullish stance. As intended, this recent report was prepared for Matrixport's clients. However, its wide spread by the media was not planned by Matrixport and is beyond our control. As far as I know, Matrixport has been consistently advising our clients to be mindful of risks and leverage, especially given the market's volatility spurred by expectations surrounding Exchange-Traded Funds (ETFs). This volatility is evident in the perpetual market's high funding fees and the recent decline in crypto-related stocks in the stock market over the past two trading days before today. Looking at Bitcoin's history and its future prospects, the current volatility and the potential approval uncertainty of a Bitcoin ETF in January 2024 are ultimately of no importance. In the long term, Bitcoin will always prevail. In my opinion, the approval of a Spot ETF by SEC, which will attract fresh investment into Bitcoin, is inevitable. Bitcoin is poised to solidify its position as a store of value and a risk-hedging asset akin to be better than gold.

Matrix on Target projects a January rejection for Bitcoin Spot ETFs by the SEC, cautioning traders to hedge long exposure. With #SEC Chair Gensler’s skepticism towards #crypto, a potential -20% #Bitcoin price drop is anticipated upon #ETF denial, though a positive end-of-2024 outlook remains. Read more from our “Matrix on Target” executive summary here: bit.ly/3NQFzUV #digitalassets #matrixontarget #marketanalysis @10x_Research

u think the institutions are buying here, stepping into a new "risky" asset class, just to sell 10% higher? u baboon, what u tp'ing for?

100% of net profits, past and future, made by the deployer from BALD will be going to nonprofits.